Adjusted Operating Income and Adjusted Operating Margin (Unaudited) Three Months Ended June 30, Six Months Ended June 30, (in millions) 2025 2024 2025 2024 Net sales $ 3,638 $ 3,603 $ 7,153 $ 7,198 Operating income $ 289 $ 297 $ 526 $ 592 Operating margin 7.9 % 8.2 % 7.4 % 8.2 % Non-comparable items: Restructuring expense $ 17 $ 25 $ 48 $ 44 Impairment charges 3 — 42 — Intangible asset amortization expense 16 17 33 34 Costs to exit charging business 6 — 32 — Accelerated depreciation 21 8 21 8 Write-off of customer incentive asset 7 — 7 — Chief Executive Officer ("CEO") transition compensation 6 — 6 — Loss on sale of assets 5 — 5 — Merger and acquisition expense, net — — 2 5 Loss (gain) on sale of businesses — — 1 (3) Commercial contract settlement — 15 — 15 Adjustments associated with Spin-Off related balances 2 11 (1) 11 Other non-comparable items 1 3 3 9 Adjusted operating income $ 373 $ 376 $ 725 $ 715 Adjusted operating margin 10.3 % 10.4 % 10.1 % 9.9 % Free Cash Flow Reconciliation (Unaudited) Three Months Ended June 30, Six Months Ended June 30, (in millions) 2025 2024 2025 2024 Net cash provided by operating activities from continuing operations $ 579 $ 462 $ 661 $ 344 Capital expenditures, including tooling outlays (77) (165) (196) (355) Customer advances related to capital expenditures 5 — 7 — Free cash flow $ 507 $ 297 $ 472 $ (11) 11 Second Quarter 2025 Organic Net Sales Change (Unaudited) (in millions) Q2 2024 Net Sales FX Organic Net Sales Change Q2 2025 Net Sales Organic Net Sales Change % Turbos & Thermal Technologies $ 1,515 $ 30 $ (64) $ 1,481 (4.2)% Drivetrain & Morse Systems 1,442 23 (36) 1,429 (2.5)% PowerDrive Systems 464 8 109 581 23.5% Battery & Charging Systems 193 5 (39) 159 (20.2)% Inter-segment eliminations (11) — (1) (12) 9.1% Net sales $ 3,603 $ 66 $ (31) $ 3,638 (0.9)% Year to Date 2025 Organic Net Sales Change (Unaudited) (in millions) Q2 2024 YTD Net Sales FX Organic Net Sales Change Q2 2025 YTD Net Sales Organic Net Sales Change % Turbos & Thermal Technologies $ 3,089 $ (14) $ (140) $ 2,935 (4.5)% Drivetrain & Morse Systems 2,861 (2) (69) 2,790 (2.4)% PowerDrive Systems 900 (4) 246 1,142 27.3% Battery & Charging Systems 370 1 (62) 309 (16.8)% Inter-segment eliminations (22) — (1) (23) 4.5% Total $ 7,198 $ (19) $ (26) $ 7,153 (0.4)% Adjusted Operating Income and Adjusted Operating Margin Guidance Reconciliation (Unaudited) Full-Year 2025 Guidance (in millions) Low High Net sales $ 14,000 $ 14,400 Operating income $ 1,167 $ 1,217 Operating margin 8.3 % 8.5 % Non-comparable items: Restructuring expense $ 70 $ 80 Intangible asset amortization 65 65 Impairment charges 42 42 Costs to exit charging business 32 32 Accelerated depreciation 21 21 Write-off of customer incentive asset 7 7 Chief Executive Officer (“CEO”) transition compensation 6 6 Loss on sale of assets 5 5 Merger and acquisition expense, net 2 2 Loss on sale of business 1 1 Adjustment associated with Spin-Off related balances (1) (1) Other non-comparable items 3 3 Adjusted operating income $ 1,420 $ 1,480 Adjusted operating margin 10.1 % 10.3 % 12 Adjusted Earnings Per Diluted Share Guidance Reconciliation (Unaudited) Full-Year 2025 Guidance Low High Earnings per Diluted Share $ 3.80 $ 3.97 Non-comparable items: Restructuring expense 0.25 0.28 Impairment charges 0.16 0.16 Costs to exit charging business 0.13 0.13 Accelerated depreciation 0.08 0.08 Write-off of customer incentive asset 0.03 0.03 Chief Executive Officer (“CEO”) transition compensation 0.03 0.03 Loss on sale of assets 0.02 0.02 Merger and acquisition expense, net 0.01 0.01 Adjustment associated with Spin-Off related balances (0.01) (0.01) Tax adjustments (0.06) (0.06) Other non-comparable items 0.01 0.01 Adjusted Earnings per Diluted Share $ 4.45 $ 4.65 Free Cash Flow Guidance Reconciliation (Unaudited) Full-Year 2025 Guidance (in millions) Low High Net cash provided by operating activities $ 1,368 $ 1,418 Capital expenditures, including tooling outlays (675) (625) Customer advances related to capital expenditures 7 7 Free cash flow $ 700 $ 800 Full Year 2025 Organic Net Sales Change Guidance Reconciliation From Continuing Operations (Unaudited) (in millions) FY 2024 Net Sales FX Organic Net Sales Change FY 2025 Net Sales Organic Net Sales Change % LV/CV Weighted Market % Outgrowth % Low $ 14,086 $ 140 $ (226) $ 14,000 (1.6)% (2.5)% 0.9% High $ 14,086 $ 140 $ 174 $ 14,400 1.2% (0.5)% 1.7% Full Year 2025 Estimated Year-Over-Year Change in Production (Unaudited) North America Europe China Total Light vehicle (6)% to (1.5)% (3)% to (2)% 2.5% to 4.5% (0.5)% to 1.5% Commercial vehicle ~(20)% ~0% ~4.5% ~(1)% BorgWarner-Weighted (7.5)% to (3.5)% (2.5)% to (1.5)% 3% to 4.5% (2.5)% to (0.5)% 13

the item shown at left

other guidance in this release

Text is the filed exhibit, verbatim.